This excerpt taken from the PBR 6-K filed Jun 1, 2009.
f) Contracting of a Credit Line Worth with China Development Bank
On May 19, 2009, Petrobras entered into a bilateral loan agreement with China Development Bank in the amount of U.S.$10 billion. The loan will mature in 10 years and the proceeds will be used to finance the Company's 2009-2013 Business Plan and to finance the acquisition of goods and services from Chinese companies.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: May 29, 2009
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